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AXA Rosenberg settles with SEC over coding error

Professional Pensions | 04 Feb 2011 | 11:26 To read this article you must be a subsriber

AXA Rosenberg Group, AXA Rosenberg Investment Management and the Barr Rosenberg Research Center have agreed to pay a total of $242m (£150m) to settle SEC charges after concealing a coding error from investors.

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AXA settles with SEC over coding error

US – AXA Rosenberg Group, AXA Rosenberg Investment Management (ARIM) and the Barr Rosenberg Research Center (BRRC) have agreed to pay a total of $242m to settle SEC charges after concealing a coding error from investors.

Global Pensions | 04 Feb 2011 | 10:27

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Baskin named as AXA Rosenberg CEO

US - AXA Investment Managers has appointed Jeremy Baskin as chief executive officer of AXA Rosenberg, completing the firm’s restructure in the wake of the coding error scandal.

Global Pensions | 01 Dec 2010 | 15:37

OTHER AXA ROSENBERG ARTICLES

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Rosenberg, Mead out as AXA reshapes top ranks

US – Barr Rosenberg, chairman of AXA Rosenberg, and Tom Mead, head of research, both co-founders, have resigned after an investigation into the reporting of a coding error found the two did not follow firm protocol.

Global Pensions | 01 Jul 2010 | 12:34

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AXA Rosenberg execs sell stake to parent company - UPDATED

US – AXA Rosenberg’s cofounders are selling their 25% stake in the firm to its parent company and Barr Rosenberg will step down from the board two months after the company announced a coding error in its investment process.

Global Pensions | 10 Jun 2010 | 15:39

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AXA Rosenberg terminated from two mandates over coding error; faces possible lawsuit

US – Two pension fund managers have terminated AXA Rosenberg Investment Management as a result of a coding error and at least one consultant is considering preparing a class action lawsuit, Global Pensions has learned.

Global Pensions | 29 Apr 2010 | 15:09

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AXA Rosenberg chairman takes leave after coding error

US – AXA Rosenberg chairman Barr Rosenberg will take a 30-day leave of absence after company officials failed to disclose a coding error that disrupted the quant manager’s investment model.

Global Pensions | 16 Apr 2010 | 13:09

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AXA Rosenberg chairman takes leave after coding error

AXA Rosenberg chairman Barr Rosenberg will take a 30-day leave of absence after company officials failed to disclose a coding error that disrupted the quant manager’s investment model.

Professional Pensions | 16 Apr 2010 | 13:09 To read this article you must be a subsriber

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NZ superannuation up nearly 2% in January

NEW ZEALAND – The New Zealand superannuation fund posted returns of 1.97% for the month of January.

Global Pensions | 23 Feb 2010 | 15:03

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NZ fires AXA from long/short and small-cap portfolios

NEW ZEALAND – The New Zealand Superannuation Fund has fired AXA Rosenberg from a long-short and a small-cap equity mandate, the scheme said today.

Global Pensions | 11 Feb 2010 | 13:05

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